July 30, 2014 12:49 AM ET

Internet Software and Services

Company Overview of Lookout, Inc.

Company Overview

Lookout, Inc., a mobile security company, provides cloud-connected applications that offer solutions to protect mobile phones from viruses, malware, spyware, fraud, hackers, and identity theft. Its mobile threat network scans applications worldwide that allows users to find and stop threats. Lookout, Inc. was formerly known as Flexilis, Inc. and changed its name to Lookout, Inc. in December 2009. The company was incorporated in 2005 and is based in San Francisco, California.

500 3rd St Street

Suite 455

San Francisco, CA 94107-1811

United States

Founded in 2005

Phone:

415-281-2820

Key Executives for Lookout, Inc.

Chief Executive Officer
Age: 51
Co-Founder and Executive Chairman
Co-Founder and Chief Information Officer
Co-Founder and Chief Technology Officer
Vice President of Human Resources
Compensation as of Fiscal Year 2014.

Lookout, Inc. Key Developments

Lookout Introduces Theft Alerts to Put the Brakes on the Phone Theft Epidemic

Lookout, Inc. introduced Theft Alerts to its consumer product, Lookout Mobile Security. Theft Alerts provides users with crucial, contextual alerts anytime suspicious activity occurs on their device, giving users timely information to get their phone back. Theft Alerts is now available in Lookout Mobile Security Premium on Android and iOS. Thieves take common actions seconds after stealing a phone, including removing the SIM card or powering off the device, which prevent the owner from calling or tracking it. Lookout's Theft Alerts recognizes these actions, and within minutes sends the victim an email with a photo of the thief and a map of the device's exact location, providing the victim with clues to take immediate action and get their phone back. Actions that trigger a Theft Alert include: Incorrect passcode entered; SIM card removed; Airplane mode enabled; Device turned off; Lookout removed as device administrator.

Lookout Announces Management Changes

Lookout, Inc. has appointed Jim Dolce as the new CEO and John Hering as executive chairman. John will be assuming the role of Executive Chairman and work day-to-day on key strategic issues, with a particular focus on Lookout's market strategy, product, partnerships, and leadership in the security community. Most recently, Jim was a senior executive at Akamai, bringing cloud services to mobile network operators. Jim currently serves on the boards of privately-held Benu Networks and RGB Networks, and is a Trustee of several nonprofit organizations.

Lookout Launches a Comprehensive Business Security Solution

Lookout launched a comprehensive business security solution designed to make mobile security and device management easy and accessible to every business and employee. Lookout for Business is the simplest way for businesses to secure all their devices from mobile threats, data loss and device loss. This launch marks Lookout's first move in delivering solutions that help secure and protect mobile devices for businesses of all sizes. For most companies, mobile devices are the center of productivity, so protecting them against corporate data loss, malware, spyware, and loss or theft is top of mind for IT executives. Lookout for Business includes: Comprehensive mobile security including protection against malware, web-based threats, and data loss. A simple way for IT Managers to manage devices including the ability to remotely locate, lock, and wipe devices. A cloud-based console that provides visibility and insight into the security and management of devices. Employee-facing features that allow users to find and secure their phone.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
October 9, 2013
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